BAKU, Azerbaijan, June 2. The gross regional
product (GRP) of the Alatau region reached 6.7 trillion tenge
($13.6 billion) with a growth rate of 5.4% at the end of 2025,
Kazakh President Kassym-Jomart Tokayev said during a development
meeting in Alatau, Trend reports via press service of Kazakh
president.
"The pace of development in the region is quite good, and
appropriate work is being carried out. Active work is underway to
attract investments. Since the beginning of the year, 266.2 billion
tenge ($543.6 million) has been invested in the region's economy,"
Tokayev said.
He noted that industrial production volumes reached
approximately 900 billion tenge ($1.8 billion), while the province
ranked fifth nationally under the short-term economic indicator
framework for January-April 2026.
"Meanwhile, the opportunities of the agricultural sector are not
being fully utilized. Following the results of the first four
months of this year, the physical volume index of agriculture,
forestry, and fisheries stood at 101.2%," he said.
Tokayev also added that Alatau will operate under a specialized
legal framework designed to attract corporate capital and
streamline business operations.
"A solid legal foundation has been created for the quality
development of the city, including the establishment of tax
preferences and the simplification of rules for entrepreneurial
activity. We will ensure the comprehensive protection of local
business interests and create a regulatory environment for the
development of digital assets. Thus, Alatau can be described as a
city of accelerated development with a unique legal status," the
President said.
